ProFunds UltraSector Oil & Gas Fund Investor Class

Frequently Asked Questions About ENPIX

What does ENPIX invest in?

This fund, ENPIX, aims to achieve daily investment returns that are one and a half times (1.5x) the daily performance of its underlying benchmark, the Dow Jones U.S. Oil & GasSM Index, before considering any fees or expenses. To accomplish this, the fund's adviser strategically invests in various financial instruments, which are expected to collectively produce daily results consistent with this objective. The aforementioned index specifically measures the performance of select companies operating within the U.S. equity market's oil and gas sector. It is important to note that this fund maintains a non-diversified portfolio.

What is the expense ratio of ENPIX?

ProFunds UltraSector Oil & Gas Fund Investor Class (ENPIX) charges an expense ratio of 1.65%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ENPIX?

ProFunds UltraSector Oil & Gas Fund Investor Class (ENPIX) manages $76.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ENPIX actively managed or an index fund?

ENPIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ENPIX launched?

ProFunds UltraSector Oil & Gas Fund Investor Class (ENPIX) launched in June 2000 and is managed by the fund issuer.

How has ENPIX performed?

ENPIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.